Best Trading Platform Indices

The Best Trading Platform Indices is the MT4 software. This is one of the most common indices trading software which is used almost by every other trader as well as almost every online indices trading broker.

In this guide we shall explain the MetaTrader 4 Interface so that beginner traders wanting to begin learning this Best Platform Indices, can then start from this guide.

Best Trading Platform Stock Indices - MT4 Workspace

Form the above screenshot of the this trading software there are several tool-bars as well as chart window.

You can download this Best Trading Platform Indices from your broker's site. Now after you download it, then you will need to learn one or two things about this indices trading platform:

The first thing is how to setup this indices trading software after you download. For example if you download the MT4 platform, you will need to go to a broker first, register for a demo trading account then after you sign up for a practice stock indices account you'll be provided with a link where to download MetaTrader 4 Indices Trading Platform.

Now once you download this indices trading software, assuming you don't know much about PC Desktop computers, Open your Browser >>> Navigate to tools at top left corner of your web browser next to 'file', 'edit', 'view' and click on tools, choose download folder place, (shortcut: once you open your browser click CTRL+J or CTRL+Y), a download popup will pop-up with links to downloaded items. Select MT4 software that you have just downloaded.

Installing MetaTrader 4 Indices Trading Software

To setup this software after you have downloaded, launch the download from where you downloaded, from there an installation wizard pops up & all you've to do is to follow the setup instructions. After setup the platform will run automatically just like any other software. Read tutorial How to install MT4 platform. This platform is easy to setup and this is another reason why this trading software is the Best Platform Indices.

You can open MT4 from the begin menu>>> Programs or from desktop short-cut that appears as a desktop icon marked MT4 after setup.

Demo Indices Account Registering and Log-in

To open an account in MT4 just click on 'file' and then on open an account, to log in to an account just click on 'file' at the top right corner and click login from the drop down menu that appears.

Once youlogin to the MetaTrader 4 platform you'll get access to charts & other technical analysis tools such as technical indicators that you will then use to place trades within the stock indices trading market while connected to your indices broker's servers.

Indices Software Menu Bar & Tool-bars

Menu Bar in MetaTrader 4 for Navigating within the Software - Best indices trading software

Menu bar is used to operate & navigate this indices trading platform from one single panel. From this panel you can set how to view toolbars, chart, data window & even use the file tab to open a stock indices account - & also login to your account. This menu bar makes this platform easy to operate & this is also why this is Best Trading Platform Indices for beginner traders.

Form the menu bar you can click on the view tab and select chart tool-bars like in the above pictured screenshot, these menu bars can be used to set up charts, indicators, time frames, & others things like drawing indices trend lines and Fibonacci retracement levels and Fibonacci expansion levels. To learn how to customize this trading software go to this MT4 Indices Tutorial Section.

Now that we have looked at the tool-bar & menu bar, we shall look at the main work-space interface of the MT4 platform.

Best Trading Platform Stock Indices - MT4 Best Trading Platform Indices

Market Watch window panel - This window is used to show a stream of the exchange rates that is obtained from your indices trading broker. In this market watch window panel you can right click anywhere on this panel to choose show all trading financial instruments or hide the ones you are not interested in & save some band-width at the same time. No need to have prices for 50 trading instruments if you're only interested in 4 trading instruments. This make this platform easy to use with any internet connectivity another reason why this is the Best Trading Platform Indices.

Data Window Panel - Used to setup Stock Indices Indicators, Expert Advisors and scripts, you can click any of this menu sub items & expand/collapse the indicators or Expert Advisors used for automated indices trading.

Indices Charts Panel - This is where the stock indices price moves will be drawn.

Indices Charts Tab - Navigation from one instrument to another is easy, just flip through the charts tab as displayed above.

Terminal Window Panel - This panel is used to display a statement of your trades, profits and loses that you have made in your live stock indices trading account or demo stock indices trading account. To enlarge this window & view open trades, just hover the mouse on terminal window panel toolbar until the cursor pointer changes, click & hold down mouse button and then move cursor pointer upward.

Connection bars - These are used to show the connection to net, red bars mean no net connection, green bars show there is internet connectivity.

Exchange Rates Graph - this shows the exchange rates for indices that you're trading so that to display if the exchange rate is going upward or downward.

Advantages of MetaTrader 4

In the online stock indices market there are many indices trading platforms available around the internet. But among the top indices trading softwares the Best Trading Platform Indices is the MT4 Stock Indices Software, it is the best Indices software because of the following reasons:

Low Bandwidth Connection Requirement

Not everyone can afford the best internet connection, the T1, the satellite, ADSL or Fiber Optic internet connection: furthermore, these are not freely available to some residential areas and may be limited to office buildings. This is why it's best to choose a indices software which requires the minimum bandwidth, MT4 stock indices trading platform. Even with the best connection, sometimes the connection might not be available & you may need to use an alternative connection like the dial up or modem. MetaTrader 4 software is the least expensive if you're on a modem. To even reduce further the internet bandwidth usage navigate to market watch (Shortcut Key press CTRL+M), Right-Click on any trading instrument, Select 'Hide all', now the trading platform will only stream the stock indices trading price quotes for pairs you only need and conserve your inter net band-width even further. Especially when using a mobile phone or i Pad or a Tablet where you are paying for phone credit this can save your internet credit. This is one of the reason why MT4 is considered as one of the Best Indices Trading Software online.

The easier it is to connect the easier it is open & close trades on time.

Provided by all Indices Brokers

Another reason why this indices trading software is considered as one of the Best Trading Platform Indices is because MetaTrader 4 is liked by most traders all brokers provide it. Once as a investor learns the MT4 platform there is no need to re-learn when you switch to another stock indices trading broker. You can still use same MT4 software of the new indices broker without the need to learn a new indices platform all over again.

Easy Technical Analysis

The other thingwhich makes this the Best Platform Indices is the ease with which you can set up the technical analysis technical indicators on the indices charts. Even those using various web traders will do their technical analysis in MetaTrader 4 stock indices chart & then place their stock indices orders on their web trader.

Technical analysis traders can also setup custom technical indicators on this indices trading software, making it easier to add more technical analysis tools onto this platform. Others also install automated Expert Advisors on this indices trading platform so as to trade automatically with these programs referred to as automated EA Indices Robots.

Best Indices Charts

The MetaTrader 4 has the Best Trading Platform Indices charts representations available and implements many chart timeframes from which a can select.

Simplicity

Overall the simplicity of this software & the fact that any investor can learn how to use MetaTrader 4 within one hour makes this the Best Trading Platform Indices for new and experienced stock indices traders.